Tips for start-ups: due diligence with investors or lendors

Start-ups seeking debt or equity financing will endure a due diligence process conducted by lenders and investors. Failure of the entire management team to be prepared and to have the same vision and supporting documents can stop a deal from moving forward. Having a...

One way to raise money for your winery or microbrewery

One of the ways a winery or microbrewery can raise funding is through a private placement. This is where a private investor gives money to the business in exchange for an equity stake in the business. This is not debt financing because there is no obligation to make...

Operating a brewery & winery on the same site

For many wineries and breweries, there is a desire to expand into the related business category to offer a more well-rounded product menu to customers and to use existing infrastructure to generate additional revenue sources. Did you know it is possible to alternate...

Delayed liquor license applications caused by existing license

You’ve decided to buy a bar or restaurant. You’ve spent hours and hours putting together an excellent liquor license application packet (or even just a so-so one) and you are anxiously awaiting the news that will let you operate your business. Instead, you find out...

Employee or Contractor?

The IRS has 20 factors in its test to determine if a worker is an employee or independent contractor. IRS warns that not all factors are considered in each case or given equally weight. The analysis is performed on a case-by-case basis under the circumstances of each...

Participating in Wine & Beer Festivals

There are so many wine and beer festivals. Is it worth participating? How do you decide? Based on the experience of other wineries, we have some created a list of  pro’s and con’s to participating in these events: Pro’s Con’s   Get in front of a large targeted...